Sonoco has reported net sales of $1.30bn for the first quarter of 2018, an increase of 11.2%, compared to $1.17bn from the last year’s quarter. Gross profits for the period stood at $250.6m, an increase of 12.4%, compared to $223m ...
Tags: Sonoco, Converted Products
OFD Foods, a supplier of freeze-dried food for the US Military, has started construction on a $25m, nearly 50,000ft2 facility in the Town of Henrietta, Monroe County in New York State. The facility, which will be operating by the end of ...
Tags: OFD Foods, dried food
The shortwave infrared (SWIR) camera market will increase at a compound annual growth rate (CAGR) of 7.1% during 2018-2025 (including linear cameras growing at 8.31%), according to a report from market research firm Esticast Research & ...
Tags: linear camera, camera
Global packaging firm Sonoco has completed the acquisition of US firm Highland Packaging Solutions for about $150m. Highland Packaging, which is based in Plant City of Florida, provides thermoformed packaging for fresh fruits, vegetables ...
Tags: Sonoco, Packaging, vegetables
BOBST has launched the new 20SEVEN CI flexo press to deliver Extended Color Gamut (ECG) solutions for a variety of printing technologies and applications. BOBST Business Unit Web-fed strategic products marketing director Federico ...
Tags: BOBST, Flexo Press, Flexible Packaging
Smart Planet Technologies has launched the reCUP Recycling Initiative to address global paper cup recycling problem. The Recycling Initiative has been launched with support from Southern California based recycling partners, Allan Company, ...
Tags: Smart Planet, paper cup
Memjet and Canon have entered into a long-term, global agreement to cross-license their patents around key segments and applications. Terms of the agreement remain confidential. Memjet CEO Len Lauer said: "We are excited and pleased ...
RPC Corby has provided 900g Euro Squeeze multilayer polypropylene bottle for Greek food manufacturer Provil’s new Sandwich Creams sauces range. Provil has packaged five products in the range in RPC’s bottle, including Tartar, ...
Tags: RPC Corby, Creams Sauces
US-based Twin Rivers Paper has signed an agreement to acquire Mondi Group’s paper mill in Pine Bluff, Arkansas. Terms of the deal, which is expected to be completed in the second quarter of this year, have not been disclosed. Pine ...
Tags: Twin Rivers Paper, Paper Mill
Consumer goods firm Unilever has collaborated with start-up firm Ioniqa and polyethylene terephthalate (PET) resin producer Indorama Ventures to pioneer a new technology that can turn PET waste into virgin grade material for use in food ...
Tags: Unilever, Virgin Grade Material
Futamura, a producer of plastic and cellulose (NatureFlex & Cellophane) films, and sustainable packaging manufacturer Bio4Pack have teamed up to create a new compostable packing solution for Dutch organic cereal producer De Halm. The new ...
Tags: Futamura, Organic Cereal
While conventional LEDs are used for backlighting, micro-LED and mini-LED technology has been used for self-emitting in displays of consumer electronics. Since each LED represents a pixel (increasing the number of LED wafers used), wafers ...
Tags: LED market, LED Wafer
Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...
Tags: Koenig&Bauer, packaging
Electronics For Imaging (EFI) is exhibiting its corrugated packaging technologies at this year’s iCorrugated Asia Expo in Shanghai, China, which is being held between 21 March and 23 March. At the event, the company is showcasing ...
Tags: corrugated packaging, Electronics
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products